In New York, Reuters reported that the US Government expects the Treasury to release guidance by the end of this week on whether to make it easier for sustainable aviation fuel made from corn-based ethanol to qualify for subsidies. Corn-based ethanol producers see sustainable aviation fuel as one of the only ways to grow their industry amid rising sales of electric vehicles. They also argue that the U.S. needs to use ready technology to quickly reduce carbon dioxide emissions, according to the report. Meanwhile, environmental groups say clearing land to grow crops for fuel is counterproductive to curbing global warming, the report added. Reuters also noted that it is unclear what the administration’s guidance will say.
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